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. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. neural speeds increasing to 4g lte. brain upgrading to a quad-core processor. predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. >>> welcome back, everyone. we now know what sentinelson mandela to the hospital. he is being treated for a lung infection. mandela, 94 years old. checked into a hospital over the weekend. is he responding to treatment. >>> former imf chief dominique strauss khan, settled a lawsuit filed by a new york city hotel maid accused him of sexual assault. the terms of at agreement not disclosed. but diallo seeking u
households in date city in kawauchi village. not all households may decide to return. radiation levels remain above the international level of 1 millisievert per year for ordinary citizens. government officials say they hope to lift the remaining hot spot advisories for 153 households in minami soma city. they are among 104 municipalities in eight prefectures where radiation levels stood at 0.23 microsieverts per hour or higher. administrative officials said radiation levels in the three areas are below that benchmark. a team of foreign experts held its first meeting with representatives of japan's nuclear regulation authority. u.s. and european scientists offered advice on nuclear safety. richard meserve is former chairman of the u.s. nuclear regulatory commission. he says people overseeing the nuclear industry must have technical skills if they are to properly enforce regulations and that those skills must be continuously assesd.d. he f f f f f f should be hired if necessary. andre-claude lacoste is the former head of france's nuclear authority. he say prior to the fukushima accident, the o
covers 129 households in date city in kawauchi village. not all households may decide to return. radiation levels remain above the international level of 1 millisievert per year for ordinary citizens. government officials say they hope to lift the remaining hot spot advisories for 153 households in minami soma city. they are among 104 municipalities in eight prefectures where radiation levels stood at 0.23 microsieverts per hour or higher. administrative officials said radiation levels in the three areas are below that benchmark. a team of foreign experts held its first meeting with representatives of japan's nuclear regulation authority. u.s. and european scientists offered advice on nuclear safety. richard meserve is former chairman of the u.s. nuclear regulatory commission. he says people overseeing the nuclear industry must have technical skills if they are to properly enforce regulations and that those skills must be continuously assessed. he also said foreign staff should be hired if necessary. andre-claude lacoste is the former head of france's nuclear authority. he say p
pick. "sex & the city." >> yeah. and you've got me. is that okay? >> kate might be having twins. yeah, go ahead. >> we're getting down to the flat line at the moment. we had a bit of a bounce this morning. european stocks yesterday very flat indeed. about as flat as the pancakes i make. take a look at the european board. we're down just up eight points. the ibex actually down five. very disappointing retail sales out of the eurozone for the month of october. follows a shop revision downwards as well for september. so austerity really biting in. despite some better data out -- well, i say better. the services pmi final print for the eurozone came in up better than expected, but it's still deeply in contraction territory. so we're firmly in recession here in the eurozone and in the uk as well. we saw services pmi come in weaker than expected. contraction territory for new orders -- this is the british chancellor today. george osbourne will be delivering his autumn statement where he's probably going to say growth isn't strong enough so we're going to not really meet our budget targets a
:20. and the outlook for u.s. credit market appears less rose city. we'll speak to a moody's analyst that says high duration credit could be badly exposed. the european central bank is announcing either monetary policy decisions later today. economists expect ecb to stay pat on rates. its revised down its forecasts in 2013. hot on the heels from her stint in brusselss, silvia has moved back to frankfurt and the ecb headquarters. how more pessimistic might they be today in their forecasts. >> that's the big question. if they get too clee to the zero for the forecast next year, anything below let's say 0.4, 0.3 would be considered a little bit more bearish and that would of course increase the chances or risks whatever you want to look at it for further rate cut somewhere down the pike early next year, maybe january or february. the consensus for today is as you said no change on rates. remember a month ago, there were many calling for rate cut this month, but that seems to have receded right now. maybe also because the data we see out of the eurozone is rather mixed. everybody quite agrees that foir
york city, this is charlie rose. >> rose: george osborne is here. he is britain's chancellor of the exchequer. he has been called the austerity chancellor. he continues to lead the increasingly controversial austerity pross. in a piece called "god sieve the british economy" in the upcoming "new york times" magazine adam davidson writes "in the past two years the united states has experienced a steep downturn followed by steady though horrendously slow upturn. the british economy, however, is profoundly stuck. the u.k. has been put on negative watch on three largest credit rating agencies. the european union is britain's largest trading partner, europe's economy remains on prepares you footing despite several months of relative calm and there's a growing debate abt whher e u.k should lead the e.u. earlier this month we covered the "economist" magazine read "good-bye europe, look what happened when britain left the e.u. " i'm pleased to have george osborne back on this program and back at this table. >> thank you very much. >> rose: you're in new york city for a speech at the m
's real the governors, mayors and city states who are going to say, hey, this is going to increase our cost of borrowing. we're barely coming out of recession. you can't do this to us. >> is there a municipality right now that you know is planning on an issue later in 2013 saying this is going to screw us up in a real way? >> i don't know of any specifically, but they're basically all saying it. new york city comes to market multiple times a year. >> all the old bonds will be type. is that right? >> i'm going to make the stand and say that they will. but in the last -- >> then they become more dear, won't it seems to me. >> yeah. but what had happened is that last week and the week before, all of a sudden there was this thought because it had been thrown about that it wouldn't be retroactive. on top of that -- >> why wouldn't that cause him to go up? >> because that means that the tax, the cap on deductions would be retroactive to all bonds. >> it wouldn't be retroactive. >> no. what happened two weeks ago was that had been on the table. >> that it would be retroactive? exactly. >> how
within the block and not the city of london. and white house and congress may need to call the auto club to jump-start budget talks which has stalled on discussions over taxes. plus singapore airlines confirms it is in talks to sell its 49% stake in virgin atlantic. reports suggest delta amongst the front runners. equities up in the month of november. ahead of the u.s. open, up by a quarter percent for the ftse. quarter for the ibex, as well. by and large the pmi numbers have been slightly better than expected. the revision on the eurozone pmi aunt wasn't on the headline composite number, but new orders were a little bit better. still a long way away from the 6% mark. gilt yields steady. manufacturing pmi better than expected. euro-dollar hit a six week high. dollar kren moyen moving away f 7 1/2 peak. talking about the uk, george osbourne says there's no turning back on austerity just days ahead of his annual statement. he continues to resist opposition calls warning that lack of budget discipline would have serious consequences for the british economy. >> going back on our commitment t
a government motorcade was driving through. this happens all the time in chinese cities and it's not just for the very top officials. this last one, newspapers in china often have the faces of leaders on the front, no matter how mundane the story. the latest reforms want more real content. all of these reforms, they have a common objective. she wants the government to regain the public's trust. back to you. >> the new leadership also set some key economic priorities, which had a big impact throughout asia today. sixuan has the details. hi, sixuan. >> hi, thanks, ross. some call it a shanghai surprise. mainland markets staged a strong rebound. this called for economic stability by boosting domestic demand, keeping property curbs. the shanghai composite jumped nearly 3%. the ipo pipeline may be on hold. financials, commodities and infrastructure are among the top gainers today as investors take advantage of cheap valuations. the hang seng followed suit and declined to a 16-month high. insurance surged 5% after hsbc explored a stake group. the nikkei closed at a seven-month high. shares gain
. >>> and find out how city index has taken a group of individuals with no financial market experience and turned them into successful traders. we'll hear from the winner of this year's competition who is a trainee taxi driver. we'll hear from foreign central european bank chief jean-claude trichet. he spoke with stefan pedrazzi about whether he believes there are any reasons to be optimistic about greece. >>> and whether volatility triggered by uncertainty over the fiscal cliff should be hear to stay. the fiscal cliff seems to be here to stay, at least. house speaker john boehner has scrapped the deal on plan b. boehner conceded last night he didn't have enough support from republicans to pass the bill which would raise taxes on households making more than $1 is million a year. the house is now in recess until the end of the year. the white house says the president's main priority now is to ensure taxes goes go up for 98% of americans and 97% of small businesses. for more on the tax, we're joined. talk about the cliff. you wake up to the news this morning. what do you make of it? what do you do
at somebody and can enhance t but making it so brazen and new york city police department investigating this, so there is no doubt in my mind they'll get him. they know the car. they know the person. they're doing a background check, everything. got his cell phone, his text messages. everything they're going to check on. did he get a summons? you know, right there, where you park your car, if you're out in your car more than three minutes, they give you a ticket. maybe did they get any tickets? then they go on seventh avenue and make a left on seventh avenue this is the middle of times square. there is cameras. after 9/11 there is different cameras. they got license plates where they can identify the license plate. they got a partial plate they can find out what part of the city you're from. i'm sure they're going to catch these guys. >> what about just quickly the victim here. we mentioned some petty crimes in his background, some theft, cocaine charge. what should police -- what are police looking for? >> well, they're talking to his family, of course. they say he went to college and he's
-looking forecast. maybe some snow here. looks like rain down the city toward washington, d.c. too warm for snow out of this one. stay tuned. next wednesday, guys, could be talking about a nor'easter, it's been a while since we've seen one of those. >> oh, no. >> just want snow. it's not -- correct me if i'm wrong because i've been wrong, it's not winter yet, is it? i'm afraid to say how many days it is because i'll mess up the math. it's not winter yet. we -- >> it's technical. in weather world, winter starts on december 1. >> wally world? >> meteorological winter. weather world. not clark griswald. >> december 1? it is winter. >> according to the sun the start of winter is december 21. also the end of the world. maybe we won't see weather. >> that's right. that's right. it is. you know, the -- the vatican says the world is not -- i'm going to go with the vatican on this. >> as opposed to the mayans. >> yeah. >> pagans versus -- >> yeah. >> i think that's fair. i expect being here on the 22nd -- >> like the fiscal cliff. if you can't be an optimist, you can't show up. >> but if the end of the world
guess some people try to make it harder. i was thinking, amelia earhart went from west cities around the equator or try to. i guess it was she trying to sort of -- i mean, i assume she was trying to do the most difficult thing. to give you -- did anyone ever go beyond that? she was looking to do something that was really difficult. >> yes, there have been increasingly vast aerial circumnavigation is for 1924, the first one done by a team from the u.s. army air corps, eight men and four planes. so that guaranteed somebody would finish. it was that dangerous. several other national teams trying to do it. the good news was, none of them were killed, but the best it -- bad news was not be finished. was quite difficult in the early open cockpit planes. you would feel the weather, whatever was, all the way around the world. so there were these attempts to go around and fly around the world. in fact, very quickly by the 1930's somebody does it within eight days which is kind of an amazing record. and it is hard to break that if you go faster it is not quite the endurance test of trying to k
city and doing a good job. >> and doing a quite capable job. lionel barber is the editor of the financial times. we thank you for your time this morning. >>> now let's take a quick look at the swiss franc. why? this is one place in particular in an exclusive interview with cnbc, the chairman says they could employ negative -- to swees the swiss franc low. >> the swiss franc remain aes strong currency and we expect it to weaken over time which is economically the right thing that should hab. >> the fed has said it will now have numerical targets for its monetary policy. are you considering similar targets for as to when you would change your stand on the minimum exchange rate? >> every country obviously has a little different monetary policy. it is crucial to maintain for the time being. that's the right decision for this area. >> the swiss frank is notably weak weakened. given that these measures have seemed to work, would you can happen consider similar measures? >> we do not exclude any measures that are necessary at one time. negative interest rates are something that
in capital cities be full this holiday season? richard sullivan is the president of the capital group. >> post lehmans was something and it was the deepest, longest downturn we've seen in the history of the industry. but we saw certainly in '10, '11 and '12 some pretty good growth and we saw return of business travel. what we did see was leisure travel, even in '09, which is that terrible year, demand for leisure room nights went up in our business. and i think it just shows that travel is part of everybody's life today, whether it's for business southbound, and we know all about that. but smor in the maslow's hierarchy of needs, travel has become a necessity. we saw significant growth in asia, particularly in china, double digit growth. even though supply was growing fast. what we saw actually in europe and in the u.s., which you don't see a very big market, we saw that supply growth was restrained because there wasn't bank finance and there still isn't, which meant revpar was growing throughout the last few years. rev par has been quite a strong market and total revenue ves grown, a
across the surface of the world in 80 days though you can fly around in our city can afford the ticket and get the password and the visas. when i returned from sea, back on land, i looks for histories around the world travel. there was none so i wrote one. now, i very quickly decided early on in the project that there was no point in trying to document all of the circumnavigation's that existed. i didn't want to write an encyclopedia. i wanted to explain why circumnavigation is distinctidistincti ve, why do we have the term around the world or circumnavigation? what do these mean? white is going around the world matter in a the broader scheme of things? it shows how human beings have been thinking for themselves on a planetary scale for a long time for nearly 500 years. this is really significant. we think a planetary consciousness is recent, something developed in modern times, something we have the people in the past didn't and we especially associate this realization of things on a planetary scale with their ongoing environmental crisis which we think of as unprecedented. but the pl
.5%. citigroup gained ground on its announcements of job cuts. talking about laying off 11,000 people. citi's news lifting the banking sectoroff all. "wall street journal" suggests the new ceo still needs to set the a new path for the bank to follow and argues corbat is unlikely to get anything close to 100% approval rating especially if he chooses to postpone returning money to shareholders. >> there was a lot of different cross currents from what people were hearing yesterday in washington. market well above 100. >> ended up 85 for the day. >> i guess the demise of john boehner as speaker was greatly exaggerated. did you see this "new york times" piece? more support for boehner now than anytime in his speaker ship. is that's setting up for -- >> but it is social media and twitter allows to you see these things. >> sausage factory into the front of the kitchen. >> exactly. >> geithner didn't use the word marginal rates had to go up, just said rates. >> rates are already going up. there will be a tax increase to people making more than 250 anyway because of the health care law. so the idea
. announcing to protect the city and exposing even greater against the rebellion and the united nations. while it may be too early to draw many conclusions, m23 failure to rally would greatly present a common front may signal the beginning of a new era of trust building between ethnic groups after two presidential elections that empowered the congolese to seek change to the ballot, instead of against, m23 has no popular appeal. but the highly controversial and contested 2011 presidential state election, [inaudible] making it impossible for the government to mobilize at a time of crisis. m23 exacerbated the legitimacy crisis by exposing the state in the to protect its citizens. the government failed to be the professional army. throughout the most important single element, coveted natural resource. without such a competent military, drc is unable to stop the search. and said, the government of uss chosin to compromise and co-opt them with no disruption of the rank-and-file. the lack of an adequate military program has resulted in the establishment of structures and the national army. this means
if for. ♪ >> executive chef andre dupont at the city of london branch has promised it teach even a kitchen novice like me how to make the perfect holiday meal. this is the second london location of the french company, but plenty more are in the pipeline. >> we plan it open four more in the next tweerks all o years, a london. >> why is the u.k. so ripe for expanding a cooking school business? blame the likes of tv chefs. >> the desire to learn about cooking, to watch cooking is everywhere. it's ubiquitous across the media. you watch any tv program at night, you've got cooking there. any magazine, newspaper, you've got cooking there. we've become very used to cooking. we're a nation of armchair chefs. >> how did my attempt at making holiday dinner go? okay, i'm going try to get a little of everything. so good. it's worth the effort to actually make something like this for my family. that would be great. >> absolutely. >> wow. turns out with a little classically trained french help, even i can make christmas dinner. from the kitchens of latalia de chefs, i'm kelly evans. if there's
.6% and it's up over 4% on the week. stocks related to citi growth continued to surge as the new urbanization plan is aiming to boost investment plan. agriculture stocks up today on support policies. hang seng dragged lower by utility stocks. picc staged a strong trading debut gaining almost 7%. biggest ipo in two years with analysts expecting the stop stock to be included in major benchmark indices very soon. nikkei pulled back from its seven month low, but sharp shares soared over 8% adding to yesterday's 10% rally. investment talks are still on. south korea technology shashs and ship builders lent support to the kospi, but automakers were in reverse gear. us a railian equities up nearly 1% today with miners and banks ending higher. sensex trading lower by 0.2% back to you. >>> getting reports in from reuters that the tsunami measuring about a meter high is hitting the meyagi prefecture. just getting the report in this report. i don't know whether you can confirm or support that, amy. >> we don't have any information about that. we do however know here in the united states we work with the
mentioned this happening in other cities, including new york. >> absolute lit. if all the rooftops in chicago were green, they would say around a million pounds of energy per year. in london, if we look at the scale of things, we're looking at 2 million. >> and we're showing the highlight in new york, this being one example of a rooftop park. one issue it seems is trying to figure out whether to impose this from the top down or let individual companies and businesses come around on their own. do you get the sense there's some momentum or transaction here or would you prefer to see this imposed on them, so to speak? >> oh, i think people have to want it and generally get involved. but sometimes it's about knowing what the benefits are and actually understanding it. i think in terms of cutting energy footprints, that's going to be good and, obviously, something that government is pushing quite hard. so like it or not, i think sooner or later, people will have to get engaged. >> and we just hope it doesn't throw santa off too much when he sees that. thank you very much. >> thank you.
york city. d.c., as well, coming in quiet. philly, temperatures, getting to the 50s that direction. 45 in new york city. the big story is actually going on to the west. did want to show some of the snowfall totals to the north. some of that includes the system that will be getting going the next couple of days. here it is in the four corners. flying out of denver, an increasing chance for snow across the area. also really gusty winds on the back side of the system as it pushes out. doesn't look like much. denver to cheyenne, snow. sweeping east. not too big of a totals to start with, but tonight and tomorrow, by this afternoon, may get snow going toward omaha, nebraska. then it picks up, big-time windmaker. winds west to the northwest. blizzard conditions, even into portions of southern wisconsin as we get in through thursday. and of course even chicago, starting with some rain late tonight. maybe switching to snow tomorrow. here's what the system looks like. temperatures around 23 in denver. that's today with snow in toward des moines by later this evening after the commute. then ther
for the northern suburbs. in the city itself, i'd say near 2 inch of snowfall. northern michigan, he could see fairly significant snow, some places up to a foot or so. but that snow, that system which means so much to millions of americans is going to drive its way eastward, bringing rain, strong storms ahead of it and what you can expect point by point. eastern third of the country, pretty quiet, at least along the coast. it's the ohio valley, mid mississippi valley where you can have snow and rain. let's wrap it up and send it back to you. >> perfect. reynolds wolf, if you're just joiningous "worldwide exchange," these are your headlines. the boj increases asset purchases for the on ferd time since august. it could be announced today. brinksmanship continues as president obama threatens to veto john boehner's plan b for the fiscal cliff. >>> and russia's richest man, alisher usmanov was one of a group of early facebook investors who achieved spectacular returns. geoff cutmore asked mr. usmanov just what prompted him to make that investment in the first place. >> what i saw in facebook from t
. they were the shopping mall in bangkok, thailand, and that city's suvar nabumi airport. we asked where are you headed this year? italy, bangkok? john says i would like to travel to rome and check out the art and buildings there. and someone else is interested in architecture. jeff tweets in to say st. petersburg would be a great trip. i always wanted to see the gold room. gene, though, is more interested in culinary delights. he says food and wine, travel to brazil, yucatan, mexico, chile and france. if you want to join in on the conversation, e-mail us, worldwide@cnbc.com. tweet us, @cnbcwex. >> the food always tests better if you're eating it in a local original place. >> it also doesn't have calories if you do it that way. >> no, it doesn't count. sitting in tuscany enjoying an italian dish, that might be on my list. speaking of italian, we had an auction that was very successful earlier and it was the last auction that we saw for the year. they've sold a large amount of bills across the board. the ten-year italian paper now yielding 4.5%. so we've seen more buying into the italian
.1 ounces in new york city. things are going in a very strange direction. does that factor into your thinking? pizza is not thought of as health food. >> you put a bunch of vegetables on it and it can be healthy. there are some menu labelling issues. >> when are you guys going to follow him right in there? if you look at the ties over here, they're disappearing quickly. >> cold pizza has been a staple for a long time. i think that's going to remain our core entrance into the breakfast market. >> yeah. you don't need eggs, either. it's basically bread, chicken and cheese. that doesn't seem like a -- usually i don't eat anything until like 10:30 or something. and one egg. you really shouldn't do that if you're up at 3:30, right? >> if you're up at 3:30, i think you need a meal. highly recommend pizza. >> how come the holiday sess a bigger time for you, patrick? >> you know, as families start to get together, as the weather gets colder, people tend to stay in. they're out shopping or they're just very busy. and they get home, they need something convenient and so we're out hiring somewh
in the hospital in new york city with a potentially serious blood clot in her head. we'll hear from a medical expert. stand by. tyeah, its the galaxy note ii.re great. you can do two things at the same time. you can watch videos and text. or you could watch the earnings report and take notes, like we're supposed to. so... can i get it? yeah. okay either of you put together the earnings report yet? yes, me totally. what? why don't you tackle the next quarter. you eat yet? polynesian? pu pu platter? yup! keep up the good work. i will keep up the good work. do more with the new samsung galaxy note ii. >>> just want to update you on the breaking news we've been covering here in "the situation room." first, the secretary of state hillary clinton, she has now been diagnosed thanked to a routine follow-up mri with a brain clot in the brain, situated in the space between the brain and the skull, right behind the right ear. it did not result in a stoke or neurological damage. this according to her doctors. she's described as being in good spirits, excellent, making excellent progress, but we're watchi
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